Company achieves positive Adjusted EBITDA* for the third consecutive quarter, reaching $0.9 million year-to-date, a $4.3 million improvement year-on-yearThird-quarter operating expenses reduced by 44% year-on-year with year-to-date operating expenses down by 38%Existing debt obligation maturity extended to January 2027 BOCA RATON, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the third quarter ended September 30, 2024, and amendments to the terms of its debt obligat

BOCA RATON, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Springbig, a leader in text message marketing/delivery technology, is excited to announce its official entry into the gaming industry, offering its industry-leading SMS solutions to skilled gaming apps, casinos, sports betting platforms, horse tracks, betting advice sites, and more. This expansion is powered by a new strategic partnership with Amazon Web Services (AWS), enabling Springbig to provide unmatched marketing capabilities to these high-demand sectors. As the sports betting industry continues to grow and evolve, effective customer engagement becomes more crucial than ever. Since the gaming industry is considered a regulated indu

BOCA RATON, Fla., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Springbig, the leading provider of loyalty and marketing solutions for the cannabis industry, is thrilled to announce the official launch of its transformative MP5 messaging feature. This innovative tool allows retailers to create and deliver engaging, personalized, full-screen interactive videos via SMS and push notifications, redefining how retailers communicate with their customers in a true 1-to-1 fashion. One of the earliest adopters of Springbig's MP5 feature, Missouri Health and Wellness, conducted a compelling use case that highlighted the effectiveness of this innovative tool. By running two campaigns—one using a traditional S

BOCA RATON, Fla., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Springbig, the leader in cannabis loyalty marketing and communications technology, is proud to announce its successful onboarding of GrowHealthy, one of Florida's leading medical cannabis providers and a member of the iAnthus portfolio of cannabis retailers. The partnership with GrowHealthy completes the global migration of iAnthus' dispensaries onto Springbig's platform, providing a unified and consistent approach to customer engagement. "We are thrilled to welcome GrowHealthy to the Springbig family," said Jeffery Harris, CEO of Springbig. "This partnership gives us the opportunity to demonstrate the exceptional service GrowHealthy de

BOCA RATON, Fla., Sept. 23, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced the appointment of Marc Shiffman to its board of directors as the Lead Independent Director. Mr. Shiffman is a respected business leader with extensive experience in his capacity as CFO, President and ultimately CEO of a leading property technology company SMS Assist until its sale in early 2023 to Lessen, Inc. "We are excited to have Marc joining our board as lead independent director. We look forward to the Company benefitting from

Second consecutive quarter with positive Adjusted EBITDA*, increasing year-to-date Adjusted EBITDA* to $0.5 million, representing a $3.0 million year-on-year improvement2% quarter-over-quarter increase in revenue to $6.6 millionOperating expenses reduced by 35% year-on-year BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the second quarter ended June 30, 2024. "We continue to make good progress. Our newer offerings, such as ‘subscriptions by Springbig' an

First quarter with positive Adjusted EBITDA* and sixth consecutive improving quarterOperating expenses reduced by 34% year-on-yearStronger balance sheet, with no near-term debt maturitiesMark Silver, founder of Direct Energy and Universal Energy Group, appointed to Board of Directors BOCA RATON, Fla., May 14, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the first quarter ended March 31, 2024. The Company also announced that Mark Silver, President of Optus Capital Corporation

BOCA RATON, Fla., March 19, 2024 (GLOBE NEWSWIRE) -- Springbig Holdings, Inc. (OTCQX:SBIG), a leading provider of vertical SaaS-based marketing solutions, today announced its integration with leading commerce platform Lightspeed Commerce Inc. ((NYSE, TSX:LSPD), deepening its reach across the cannabis and retail industries, respectively. The Integration with Lightspeed marks a significant milestone in Springbig's journey, expanding its services beyond the cannabis industry and enabling retailers to enhance customer engagement and loyalty across various sectors. "Our integration with Lightspeed is yet another testament to Springbig's ongoing commitment to work seamlessly with other SaaS sol

BOCA RATON, Fla., March 12, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the fourth quarter and full year ended December 31, 2023. "We have made excellent progress during the past year and are very well positioned to deliver on our 2024 operating plan," said Jeffrey Harris, CEO and Chairman of Springbig. "We continue to deliver exceptional value to our clients across our broadening platform and to add innovative new offerings such as the recently launched ‘subscriptions by Spring

BOCA RATON, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- Springbig (the "Company")(OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced that it will report its results for the fourth quarter and full year 2023 after market close on Tuesday, March 12, 2024. The Company will host a conference call to discuss the financial results the same day at 5:00 p.m. ET. Participants can register here to access the live webcast of the conference call. Alternatively, those who want to join the conference call via phone can register at this link to receive a dial-in number and unique PIN. The webcast will be arc

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BOCA RATON, Fla., Sept. 23, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced the appointment of Marc Shiffman to its board of directors as the Lead Independent Director. Mr. Shiffman is a respected business leader with extensive experience in his capacity as CFO, President and ultimately CEO of a leading property technology company SMS Assist until its sale in early 2023 to Lessen, Inc. "We are excited to have Marc joining our board as lead independent director. We look forward to the Company benefitting from

BOCA RATON, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig," "we," "our" or the "Company") (OTCQX:SBIG), a leading provider of vertical SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced changes in its board of directors following completion on January 23, 2024, of its $8.0 million debt financing with a syndicate of lenders. The Company announced that Matt Sacks, Co-Managing Partner of Lightbank, and Shawn Dym, a co-lead investor in the debt financing through Shalcor Management Inc., have both joined the board of directors. Matt Sacks brings extensive experience investing in technology busin

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Company achieves positive Adjusted EBITDA* for the third consecutive quarter, reaching $0.9 million year-to-date, a $4.3 million improvement year-on-yearThird-quarter operating expenses reduced by 44% year-on-year with year-to-date operating expenses down by 38%Existing debt obligation maturity extended to January 2027 BOCA RATON, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the third quarter ended September 30, 2024, and amendments to the terms of its debt obligat

Second consecutive quarter with positive Adjusted EBITDA*, increasing year-to-date Adjusted EBITDA* to $0.5 million, representing a $3.0 million year-on-year improvement2% quarter-over-quarter increase in revenue to $6.6 millionOperating expenses reduced by 35% year-on-year BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the second quarter ended June 30, 2024. "We continue to make good progress. Our newer offerings, such as ‘subscriptions by Springbig' an

First quarter with positive Adjusted EBITDA* and sixth consecutive improving quarterOperating expenses reduced by 34% year-on-yearStronger balance sheet, with no near-term debt maturitiesMark Silver, founder of Direct Energy and Universal Energy Group, appointed to Board of Directors BOCA RATON, Fla., May 14, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the first quarter ended March 31, 2024. The Company also announced that Mark Silver, President of Optus Capital Corporation

BOCA RATON, Fla., March 12, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("Springbig" or the "Company") (OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the fourth quarter and full year ended December 31, 2023. "We have made excellent progress during the past year and are very well positioned to deliver on our 2024 operating plan," said Jeffrey Harris, CEO and Chairman of Springbig. "We continue to deliver exceptional value to our clients across our broadening platform and to add innovative new offerings such as the recently launched ‘subscriptions by Spring

BOCA RATON, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- Springbig (the "Company")(OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced that it will report its results for the fourth quarter and full year 2023 after market close on Tuesday, March 12, 2024. The Company will host a conference call to discuss the financial results the same day at 5:00 p.m. ET. Participants can register here to access the live webcast of the conference call. Alternatively, those who want to join the conference call via phone can register at this link to receive a dial-in number and unique PIN. The webcast will be arc

BOCA RATON, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("springbig," "we," "our" or the "Company") (OTCQX:SBIG), a leading provider of vertical SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the third quarter ended September 30, 2023. "Springbig delivered another quarter of progress with a further sequential improvement in Adjusted EBITDA and strong year-on-year growth in subscription revenue," said Jeffrey Harris, CEO and Chairman of springbig. "We continue to provide a curated menu of innovative solutions to enable our clients to retain and grow their customer bases while

BOCA RATON, Fla., Nov. 02, 2023 (GLOBE NEWSWIRE) -- springbig (the "Company")(OTCQX:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced that it will report its results for the third quarter ended September 30th, 2023, after market close on Monday, November 13, 2023. The Company will host a conference call to discuss the financial results the same day at 5:00 p.m. ET. Participants can register here to access the live webcast of the conference call. Alternatively, those who want to join the conference call via phone can register at this link to receive a dial-in number and unique PIN. The webcast wi

BOCA RATON, Fla., Aug. 10, 2023 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("springbig," "we," "our" or the "Company") (NASDAQ:SBIG), a leading provider of vertical SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the second quarter ended June 30, 2023. "I am as confident as ever that our strategy is sound, with feedback from our clients and partners reaffirming that we are making the right investments to capture the long-term opportunity in front of us," said Jeffrey Harris, CEO and Chairman of springbig. "We are continuing to manage our business efficiently with a keen eye on measured growth

BOCA RATON, Fla., July 27, 2023 (GLOBE NEWSWIRE) -- springbig (the "Company")(NASDAQ:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs to the cannabis industry, today announced that it will report its results for the second quarter ended June 30th, 2023, after market close on Thursday, August 10, 2023. The Company will host a conference call to discuss the financial results the same day at 5:00 p.m. ET. Participants can register here to access the live webcast of the conference call. Alternatively, those who want to join the conference call via phone can register at this link to receive a dial-in number and uniqu

BOCA RATON, Fla., July 11, 2023 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. ("springbig" or the "Company") (NASDAQ:SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs to the cannabis industry, today announced preliminary results for the quarter ended June 30, 2023 and provided an update on the outlook for the second half of the fiscal year. Revenues for the three months ended June 30, 2023, are expected to be $7.2 million, representing 12% year-on-year growth, and Adjusted EBITDA loss is expected to be $1.1 million compared with $3.4 million in the same three-month period last year. For the first half of the f

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Florida-based software and cannabis marketing company Springbig Holdings, Inc. (OTCQX:SBIG) released its first quarter 2024 financial figures and announced the appointment to the board of Mark Silver, president of Optus Capital Corporation and a key player in the company’s January debt refinancing. Paul Sykes, CFO, remarked on achieving a positive adjusted EBITDA for the first time at $150,000, compared to a loss of $1.3 million in the prior year, and debt financing: "After completing our $8 million debt financing in January, we have a much stronger and cleaner balance sheet,” Sykes said. “We continue to manage the optimization of our operating expenses, which have reduced by 34% year-

In its latest financial disclosure on Tuesday, Springbig (OTC:SBIG), a leader in SaaS-based marketing solutions and loyalty programs, reported a modest but noteworthy revenue increase to $6.8 million -1% year-on-year growth for the fourth quarter ending December 31, 2023. This period also saw a notable 10% rise in subscription revenue. The gross profit for the quarter stood at $4.8 million, translating into a robust gross margin of 70%. Despite these gains, the company faced a net loss of $3.2 million, an improvement from the $4.5 million loss in the previous year. Adjusted EBITDA also showed signs of recovery, with a minor loss of $0.2 million compared to a $3.2 million loss the year bef

SpringBig Holdings (OTC:SBIG) reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:45 PM. Here's what investors need to know about the announcement. Earnings SpringBig Holdings missed estimated earnings by -600.0%, reporting an EPS of $-0.07 versus an estimate of $-0.01. Revenue was up $48 thousand from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.04 which was followed by a 20.0% drop in the share price the next day. Here's a look at SpringBig Holdings's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate -0.03 -0.04 -0.05 -0.11 EPS Actual -0.07 -0.06 -0.08 -0.17 Revenue Estimate 7.23M 7.30M 7.25M

Cannabis And Hemp Regulatory Appointments Last week, Flora Growth Corp. (NASDAQ:FLGC) announced that Clifford Starke, its CEO and director, has been elected to serve as chairman of the U.S. Hemp Roundtable board of directors. Starke said "momentum is swinging in the right direction" for hemp and cannabis, "given the current political environment." Illinois Gov. J.B. Pritzker announced on Friday new appointments in his administration. Besides naming Wendy Epstein as a member of the Illinois Health Benefits Exchange Advisory Committee and Melody Spann Cooper as a member of the Illinois Liquor Control Commission, Pritzker tapped Teresa Ramirez to serve as a member of the Employment Sec

SpringBig Holdings Inc (OTCQX:SBIG), a provider of SaaS-based marketing solutions, consumer mobile app experiences and omnichannel loyalty programs to the cannabis industry, has launched “Gift Cards by Springbig.” This addition to their platform offers enhanced payment solutions for cannabis retailers, aiming to facilitate more secure and user-friendly transactions. Innovation In Cannabis Retail Driven By Consumer Trends The introduction of both physical and digital gift cards addresses the growing consumer inclination towards such payment methods. According to SpringBig’s announcement, a significant 76% of consumers purchased gift cards last year, with 40% opting for digital formats.

SpringBig Holdings, Inc. (OTCQX:SBIG), a provider of SaaS-based marketing solutions, consumer mobile app experiences and omnichannel loyalty programs to the cannabis industry, announced its financial results for the third quarter ended September 30, 2023. “Springbig delivered another quarter of progress with a further sequential improvement in Adjusted EBITDA and strong year-on-year growth in subscription revenue,” said Jeffrey Harris, CEO and chairman. Third Quarter 2023 Financial Highlights Revenue was $6.9 million, down 5% year-on-year. Subscription revenue was up 13% year-on-year. Gross profit was $5.2 million, a margin of 77%. Adjusted EBITDA loss was $0.9 million compared to a l

SpringBig Holdings (NASDAQ:SBIG) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $(0.03) by 133.33 percent. This is a 41.67 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $6.89 million which missed the analyst consensus estimate of $7.23 million by 4.73 percent. This is a 7.62 percent decrease over sales of $7.46 million the same period last year.

SpringBig Holdings (NASDAQ:SBIG) is set to give its latest quarterly earnings report on Monday, 2023-11-13. Here's what investors need to know before the announcement. Analysts estimate that SpringBig Holdings will report an earnings per share (EPS) of $-0.03. SpringBig Holdings bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.02, which was followed by a 0.64% in

Finalists for the second annual Benzinga Cannabis Awards have been unveiled. This coveted recognition spotlights the cannabis industry's luminaries, from trailblazers and innovators to advocates who are helping to advance all facets of the business.  The winner for each category will be announced on the first day of the highly anticipated Benzinga Cannabis Capital Conference, taking place in Chicago, September 27-28.  Contents Benzinga Cannabis Awards Finalists Brett Roper Award for Lifetime Achievement Best Canadian Cannabis Company Best Cannabis Accounting Firm Best Cannabis Credit Fund Best Cannabis Industry Analyst Be

The Dow Jones closed slightly higher on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. SpringBig Holdings The Trade: SpringBig Holdings, Inc. (OTC:SBIG) CFO Paul Sykes acquired a total of 28,607 shares an average price of $0.16. To acquire these shares, it cost around $4,605. What’s Happening: SpringBig Holdings posted downbeat quarterly results.